divest itself of its rights, title or interest in such property, or (C) the
then actual hour or cycle limits with respect to such property shall equal or
exceed any mandatory hour and cycle limits with respect to such property,
beyond which it cannot be operated; (v) with respect to an Engine, the removal
thereof from the Airframe for a period of six (6) consecutive months or
longer, whether or not such Engine is operational, or such prohibition shall
exist on the expiration or earlier cancellation or termination of the Lease;
(vi) an Engine is returned to the manufacturer thereof (any such return being
herein referred to as a “ \*\*Return to Manufacturer\*\* ”), other than for any
repair or replacement completed as and when required in accordance with the
applicable provisions of the Lease; or (vii)unless waived by Lessor in its
sole and absolute discretion, the Aircraft is not returned to Lessor upon the
expiration or earlier termination or cancellation of the Lease, unless Lessee
or a third party purchaser purchases the Aircraft pursuant to Lessee’s
exercise of an option contemplating such purchase under any applicable
provision of the Lease. The date of such Event of Loss shall be the date of
such theft, disappearance, destruction, damage, Requisition of Use,
prohibition, unfitness for use for the stated period, removal for the stated
period, or Return to Manufacturer, or (unless so waived) failure to timely
return.